Chao Yi Shih
Closing soon on investment and having regret
I recently made an offer on a duplex, it's 4bed 3bath front unit + 2bed 2bath rear unitcurrently rear unit is rented for below market price at $930, market is around $1100-1200, rear unit is in very good condition and...
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Jimmy C.
Why do we pay higher than taxes than most countries?
I was listening to talk radio today and they discussed corporate tax rates. I was surprised to learn that our country pays some of the highest in Corporate taxes in the World. Of course they were talking about how e...
Daniel Hart
HOA struggling financially, can't foreclose on over-financed units, need opinions...
I've recently become involved in an HOA that is really struggling. It is a high foreclosure pocket and there are now many vacant units and non-paying owners. Only about half of the owners pay the dues. We've lost o...
Collin Hays
VRBO now charging guests 20 percent for a booking
Wow, it's getting to where it's VRBO is the one making all of the money. 2 years ago, the service fee was under 10 percent. If you add in the owner's portion, VRBO is carving off 30 percent or more per reservation. ...
Jeffrey Marzan
Need help with Property Management issue...
After purchasing my own duplex recently, I've decided to hire a Property Manager due to the lack of knowledge in dealing with my tenants. Before I moved in, my PM told me what needed to be replaced and whatnot via web...
Mark Resnick
Texas Soil
Hi everyone,I am a new young investor and I am looking into the best place to buy that would have great cash flow. I know many people are talking about Dallas and Houston,Texas as great places to invest in. Now my que...
Sean Tagge
Memphis, TN
Hello all savvy investors from Memphis, TN. It seems like your buy n hold market is a lot better than where I am currently living. A typical "good deal" that I just witnessed an investor make is purchasing a property ...
Natalia Avalos
Turn-key property... how picky to be with inspection findings?
Hi BP friends,Ok, so I've been under contract with a turn-key property and just had the inspection completed. About 10 things came back and the seller has agreed to fix about half of them... noting that the others are...
Jason Friday
Beware of Contractor company
I wanted to share my worst experience with one of the contractor company, I trust them and suddenly after taking good amount of advance they start making stories like - partner is sick , partner daughter got eye cance...